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Southern Arc Minerals Inc V.SA.H

Alternate Symbol(s):  SARMF

Southern Arc Minerals Inc. is a Canada-based company. The Company is primarily engaged in the project generation and investments in mineral resource companies with a focus on gold and copper-gold. The Company operates through the acquisition and exploration of resource properties and investments segment. The Company has not generated any revenue.


TSXV:SA.H - Post by User

Bullboard Posts
Post by buyb4its2l82on Nov 30, 2014 11:24pm
135 Views
Post# 23179686

Could be longer then I think. Anything can and will happen

Could be longer then I think. Anything can and will happen
Link: https://www.ciputranews.com/riil/legislator-kritik-rencana-eksplorasi-tambang-di-sekotong

Legislators criticism Mine Exploration Plan In Sekotong
Posted on November 13 2014 Hits: 223
West Lombok Regency Parliament Members of the Indonesian Democratic Party of Struggle Adnan criticize mining in the district plan by PT Indotan Sekotong West Lombok Risen because they feared social impact on the environment and society.
'The Indonesian Democratic Party of Struggle (PDI-P) from the beginning to disagree if no mining activity in Sekotong, because the greater the negative impact, "he said in Gerung, the capital of West Lombok, West Nusa Tenggara (NTB) on Wednesday.
PT Indotan Sumbawa Barat plans to acquire PT Indotan Lombok Barat Risen. Management of the mining company is currently completing the licensing process, including to improve the status of exploration activity into exploitation.
The plan contains rock gold mining activity and copper will begin in mid-2015, on an area of 10 thousand hectares.
According to Adnan, the rejection has also been frequently voiced by District residents Sekotong.
The head of the village and residents openly expressed disapproval over the hills in the area of exploitation plans are estimated to contain gold reserves.
He said people concerned about mining activities will have an impact on the environment, such as sewage and other pollution.
'Whatever the content of gold and copper in Sekotong, people still refuse to environmental reasons,' he said.
Therefore, the legislator's constituency hoping Sekotong West Lombok regency government to review the plan of granting permission for PT Indotan to conduct mining activities in the region.
Adnan added, Sekotong been defined as a tourist zone for the southern region of West Lombok, Senggigi other than in the north, so it should Sekotong there should be no mining activities in any form.
'Tourist sector and is considered far opposite mine. If the local government insisted no mining activity permit, it would only kill the tourism sector, "said Adnan.
He also assesses the West Lombok regency seem wishy-washy in developing Sekotong pariwasata sector. In fact, local and central government has poured a large enough budget to support the tourism potential of the area. (Ant / rd)
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